Pace Pakistan board approves major restructuring

The Lahore-based mall developer plans to issue significant amounts of equity to pay down its debt, and plans to convert some debt into equity

Farewell, Careem Pakistan

The ride-hailing giant was an early innovator in Pakistan, and made the country one of its core markets. Now, Pakistan is just a back office for the company. How did the company cede so much market share to its newer competitors?

Pakistan has made leaps and bounds in financial inclusion, but our women continue to be left behind

Pakistan's financial inclusion success story masks deeper inequalities of gender and class. The question arises, is this by default or by design?

Beco Steel: From the ashes of one rises another

The steel maker took over Ravi Textile in 2021 and is seeing stellar performance in its recent financials

Daimler Truck is coming to Pakistan. Kind of.

As a result of a global merger, Daimler Truck – the largest commercial vehicle manufacturer in the world – will become a joint venture partner with Toyota in Hinopak Motors

Lahore High Court’s royalty decision gives Punjab’s cement manufacturers pricing disadvantage

While the ruling may still be appealed, it has given cement manufacturers in the province a decisive disadvantage relative to their counterparts based in Khyber-Pakhtunkhwa, where taxes are lower

In Bonnie Doon acquisition, Interloop seeks move up the value chain

The acquisition of the European operations of an American brand are a logical extension of the company’s strength in sock manufacturing

Ittehad Chemicals: a case study in the shift away from captive power generation

The government’s policy is having the intended effect: Ittehad Chemicals is buying more electricity from the grid, albeit at the expense of a significant reduction in profits

Supernet’s post-connectivity pivot: doubling revenue at the cost of thinner margins

It was the first tech company to list on the PSX’s GEM Board. The market response has been nuanced

When the taxman meets the tobacco baron

Track and trace has proven effective in moments, but taxation in the tobacco trade is a whole other ball game

Code, Cash, and Chaos: Inside the blindspots threatening Pakistani IT

A thriving IT industry risks stalling as policy uncertainty clouds Pakistan’s digital future

The govt is going to tax e-commerce. Can they survive it?

The imposition of sales tax and stricter monitoring of the industry can prove to be a killing blow

K-Electric: Asleep at the switch

A bruising board fight has left the management adrift, at a time when the company is unprepared to deal with the coming age of solar energy

At Highnoon Laboratories, profits surge on export growth

Margin expansion, product line growth, and global markets access help the company grow its top and bottom lines

Globe Textile Mills owners sue OBS to terminate merger agreement

Pharma conglomerate aimed to use acquisition as a backdoor public listing, now appears to be unlikely to go through